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MobiKwik gains market share, becomes largest Wallet player
MobiKwik on Monday said it has become the largest digital financial services platform in terms of P…
PTI
JioBharat captures 50% market share in sub-Rs 1,000 segment: Reliance annual report
Launched with the mission to empower every Indian with digital services, JioBharat has marked a sig…
ANI
India to introduce UPI payment service in Maldives
"Witnessed signing of MoU between (the) National Payments Corporation of India and (the) Minist…
PTI
Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi
In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…
ANI
UPI transactions cross Rs 20 trillion for third successive month, in July 2024
Payments through the Unified Payments Interface (UPI) reported a 45% growth, as per the data made a…
ANI
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
Global cyber outage: Banks, payments systems unaffected by Microsoft outage
HDFC Bank, the biggest among the private sector lenders, also said that it has not faced any impact…
PTI
India's non-cash payments on e-commerce platforms surge to 58.1% in 2023
India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…
ANI
India’s wearables market decline for the first time as smartwatch shipments fall
The Indian wearables market has declined for the first time ever, recording a 10% decline in shipme…
Size does matter: Debit cards for large payments & UPI for smaller ones
Indians have gotten habituated to fishing out their phones instead of cards, and that’s been fuelli…
Indian policy makers are not happy that 8 out of 10 UPI transactions are being done through PhonePe and Google Pay
While there are over 50 third-party UPI apps, PhonePe and Google Pay account for over 81% of t…
In a relief to PhonePe and Google Pay, UPI apps may get more time to comply with the 30% cap on market share
This will come as a huge relief to apps such as PhonePe and Google Pay that currently dominate…
UPI set to drive festive sales this year, electronics to be top choice again: Report
Driven by UPI-based transactions, about 81 per cent of consumers intend to shop online during this …
Indians spent big on festive season sales, UPI transaction up 40% in Oct: Report
Consumer spending in India is soaring during the festive season, with people splurging on cars, sma…
Tamil Nadu's Katpadi is the fastest growing city for digital payments: Paytm report
Delhi-NCR has emerged as India's digital payments capital whereas Tamil Nadu's Katpadi is the faste…
Google for India – Sachet loans to credit on UPI, tech giant bets on lending
Search giant Google has made several major announcements for India at their annual Google for India…
Markets end FY24 on buoyant note amid positive global cues
The NSE Nifty climbed 203.25 points or 0.92 per cent to end at 22,326.90. In the 2023-24 fin…
PTI
India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digita…
Paytm UPI Lite – a game changer in mobile payments for small value transactions
Users can do instant transactions of up to ₹200 in a single click making the entire experi…
Here’s how Paytm built a scalable, revenue-generating UPI model with focus on merchant payments
Paytm’s focus on subscription services to create additional payment monetization continues to ex…